A cheque drawn by a bank, usually on its own head office.It is generally accepted as the equivalent of cash, although it needs to be paid in through the banks’ “clearing system” in the same way as any other cheque.

A person entitled to receive the proceeds of sale of a property for their own benefit, ie. they don’t hold them in trust for anyone else.

Where one party to a contract fails to keep their part of the contract with the other party.

A path over which it is lawful to ride or lead a horse, or ride a bicycle, as opposed to a footpath.

Building work should comply with the standards laid down by the Building Regulations in force at the time, even if it does not require planning permission. The local authority is responsible for inspecting and issuing any necessary building approvals or consents, although the NHBC normally inspects any new house which is being built with the benefit of an NHBC guarantee.